Welcome, Guest

Login Register
Forex question Is moving average that important?
avatar Fxcarebear
Question by: Fxcarebear - 19 Aug 2015, 05:40:06
Is moving average that important?
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
<a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK">InstaForex</a>
Answers (1)
avatar user 6900
Answer by: Pipmaster - 19 Aug 2015, 05:48:53

First, its debatable whether moving averages have any value. Second, every year is different for each pair, so the "best moving average" will be different from year to year. Third, each timeframe suffers from the same randomness as stated in the previous sentence. You'll find that over time, almost all technical analysis can be replaced by using your eyes. You don't need a moving average to show you a trend has been up or down recently.

&lt;a href="https://www.instaforex.com/?x=YOUR_PARTNER_LINK"&gt;InstaForex&lt;/a&gt;
Answer the question
Submit Cancel